Quote:
Originally Posted by Matt Monson
Eric, my comment was not intended as a dig. You have said in the past that you would not turn a profit on a deal like this. I take you at your word. I would sell this hypothetical car at a $1000-2000 profit because I expect to be compensated for my time and energy and not just my tangible costs.
In fact, I personally would take this car, and ask a $1000 finder's fee on it and pass it on to someone else. The effort, and earning of that fee comes from vetting the buyers and only striking a deal with someone you were sure was going to give it a good home.
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I don't consider the time spent as a "gift". I would also charge for that time spent. The good thing is that the car is reasonably local. The bad thing is that the shops qualified to do the work are not. So that would take time and effort on my part, and I would not give those away for free.
BUT - I also would not be looking to get a jackpot on this. It would be exactly like going to work - I expect to be paid when I generate revenue for my company. In this case, if I bought the car, the time I spent chasing down the details would be charged to the final asking price.
If the time/effort spent is not worth the money, I'm not even going to contemplate this. I will do some of it on my own time - doing a sort of mini-detail to get it ready for photography - taking pics, posting pics - all that is on me, if and when. But all the rest will be on the final buyer.
My goal in this is to take an unused car that needs repair, do the repair, then and present it to the wider world as a good car ready for someone to enjoy. More of a VAR than a flipper, LOL.